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Hong Kong, China, 27th April, 2022, Chainwire
Blockchain technology has brought about a wave of change in all sectors. While issues of user privacy and safety remain constant and the practice of platforms storing and harvesting user data continues to be the norm, fundamental change is on the horizon. NFTs (non-fungible tokens), the Metaverse, and GameFi have been the most recent trendsetters in the blockchain world, but “Social Tokens” are coming, poised to change the way we socialise on the internet.
Social tokens are digital assets that are backed by an individual or a community. They are the true product of Web 3.0 because they directly connect content creators with consumers without the need for an intermediary. The main goal of social tokens is to create new opportunities for creators and communities to monetize their content.
In this digital world, content creators like musicians, artists, writers, and social influencers are the true heroes and revenue generators of media. Unfortunately, these creators do not receive adequate rewards for their efforts. Third-party social media apps, such as Instagram, exert artistic and financial control over the relationship between content and audience. To overcome this exploitative control and fully reward creators for their efforts, social tokens are the key. Content creators can use social tokens to create, build and control their own economy, without the presence of corporate intermediaries.
GazeTV, is a new and revolutionary blockchain-based social and entertainment platform. GazeTV incentivizes and rewards both creators and audiences through its tokenized economic system. This helps content
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